Turnkey sounds great, but if you buy in a low supply and demand area during downturns, you could be stuck with a bad investment.

Faked documents and all, and knows how to play the came called a con or scam.So, as posted by another earlier post, review your lease to see if it contains anything to the effect that falsified information on the application is grounds for termination of the lease.

I would also look at the number of rentals there and the demand for housing there.

, purchase prices are relatively low, and there is a huge demand for rental properties. 

I want to play with no more than $200K; including down payment, rehab cost, and ancillary cost.1.

Keep reading until you understand at a molecular level that 10x is playing way bigger than the millionaire next door. 

Speaking with the current manager, he says there is demand for the units and when first renting out was getting 5 applications per day until filled, but that only 1 tenant in about 25-30 applicants was qualified.

Even if you have no plans to sell anytime soon, it's something to think about for the long term and/or a cash-out refi play.

IMO manager vs. owner is a personal decision and can be done either way,personally I am completely on the manager train 😃 tenants are more likely to make strong demands if they know you are the owner.

You can always start paying taxes and take care of property and try quiet title or adverse possession, but that’s a risky game to play.